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Below is an in-depth analysis and side-by-side comparison of Nationwide Floor & Window Coverings vs Affordable Window Coverings including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,000 - $156,000 | $33,000 - $57,500 |
Franchise Fee | $31,900 - $45,900 | $12,500 |
Royalty Fee | 5% | 4-6% |
Advertising Fee | - | - |
Year Founded | 1992 | 1995 |
Year Franchised | 1992 | 1998 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
After owning and operating his own mobile floor and window coverings business for several years in Wisconsin, Greg Schmich launched Nationwide Floor and Window Coverings as a franchise in 1992. Today franchisees throughout the U.S. and Canada offer in-home and in-office service to customers, selling carpet, vinyl, laminate flooring, hardwood, ceramic tiles, area rugs, blinds and shades, drapes and toppers and shutters.
Murrietta, California-based Affordable Window Coverings was founded in 1995. The company, which began franchising in 1998, sells and installs blinds, drapes, shades and shutters in homes.